WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “outperform” rating reissued by research analysts at BNP Paribas in a research note issued on Wednesday. They presently have a GBX 270 ($3.49) price objective on the grocer’s stock. BNP Paribas’ price target indicates a potential upside of 16.18% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. Deutsche Bank AG restated a “hold” rating and issued a GBX 225 ($2.91) target price on shares of WM Morrison Supermarkets PLC in a report on Wednesday, July 26th. HSBC Holdings plc restated a “reduce” rating and issued a GBX 190 ($2.45) target price on shares of WM Morrison Supermarkets PLC in a report on Wednesday, July 26th. Barclays PLC restated an “underweight” rating and issued a GBX 240 ($3.10) target price on shares of WM Morrison Supermarkets PLC in a report on Monday, June 19th. Finally, Credit Suisse Group restated a “neutral” rating and issued a GBX 240 ($3.10) target price on shares of WM Morrison Supermarkets PLC in a report on Tuesday, August 29th. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 225.27 ($2.91).

WM Morrison Supermarkets PLC (LON:MRW) opened at 232.50 on Wednesday. The company’s 50 day moving average is GBX 246.25 and its 200 day moving average is GBX 241.98. The stock’s market cap is GBX 5.41 billion. WM Morrison Supermarkets PLC has a 12 month low of GBX 202.00 and a 12 month high of GBX 254.40.

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WM Morrison Supermarkets PLC Company Profile

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

Analyst Recommendations for WM Morrison Supermarkets PLC (LON:MRW)

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